False that just don’t make since lol
Answer:
$6,200
Explanation:
Beginning Work in progress $15,000 $8,000
Units started $60,000 $38,500
Total process $75,000 $46,500
Less: Units transferred to tax $65,000
Ending work in progress $10,000
Average cost method material cost of work in progress = Material cost ÷ Total units
$46,500 ÷ $75,000
= $0.62
Material cost of work in progress = $0.62 × $10,000
= $6,200
Answer:
True
Explanation:
Trust must exist between the agent and the client, and the agent should remain loyal to his or her client.
Agency relationships exist when an agent (a person) acts for or on behalf of his client (also referred to as the principal).
This type of relationship can only exist as long as mutual trust exists between the agent and his client.
